The community, named Star Trail, will cost more than $700 million to develop and include about 100 acres of commercial acreage for retail services for residents.
"We are putting the sewer in now and it should be complete by June," Joe Hickman, general manager for Blue Star Land, told the Dallas Business Journal."We want to start moving dirt in the third or fourth quarter for the first 300 lots."
The initial phase will begin on the northern end of the property at Prosper Lane with 300 lots for homes priced from $275,000 to the $700,000s on the west side of the planned extension of the Dallas North Tollway.
American Legend, Highland Homes, Darling Homes and Toll Brothers are among some of the builders already named to the project. The group of homebuilders previously worked on Blue Star Land's Star Creek community.
"We are finishing our last phase on Star Creek now and this is our next big project," Hickman said. "There's a shortage of lots in Prosper as Frisco continues to build out and there are not a lot of finished lots for builders. Prosper is the next step."
The community will have a 15-year build-out and will bring in rooftops to support the proposed commercial development, including Star Trail's 100 acres of commercial property fronting the Tollway.
Along with Star Trail, Blue Star Land is focused on the Gates of Prosper at the northeast corner of U.S. 380 and Preston Road, which is being marketed by Dallas-based Lincoln Property Co.
For a price already included in HOA fees, every home, school, and busi
"I am a first time home buyer and Michele was awesome from the very beginning. She called and took down exactly what I wanted, and sent me about 40 listings that fit my description within a couple of hours. She had viewings scheduled immediately after I sent her my list of favorites. She was very accommodating on the viewing schedule and worked around my availability. I found the house I wanted during the first set of showings. Michele had the contract ready later that evening and had everything sent to the realtor that same day. She is an excellent negotiator and got me an incredible price on my home. She is fun to work with and very personable. Even though this was my first time buying, she made it very easy for me to understand the process and what all I needed to do. I would recommend her to anyone looking for a new home."